Berjaya Media Berhad Pn17

The stock was last done at 205 sen on Oct. BARAKAH OFFSHORE PETROLEUM BERHAD.

Financial Analysis Corporate Governance On Pn17 Company

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Berjaya media berhad pn17. Berjaya Media Bhd BMedia has slipped into PN17 Practice Note 17 following its latest quarterly results. Jan 09 2020 PN17 firm Berjaya Media Bhd has been granted an extension by Bursa Malaysia to submit its business regularisation plan. Sep 24 2018 Two months ago Berjaya Media said it had been granted an extension of time up to Dec 20 2018 to submit a regularisation plan to the regulatory authorities.

According to Rakuten Trade vice president of research Vincent Lau this should not be a major issue. Oct 29 2019 The Practice Note PN17 company said it had failed to enter into a definitive agreement with Singer by Oct 20 as Singer is in the midst of resolving a. In a Jan 9 bourse filing the company said it received on Jan 8 approval granting the group an extension until June 20.

Therefore it is required to submit a regularisation plan to the Securities Commission Malaysia within 12 months from the date of the announcement it said failing which it faces suspension from trading and delisting. This brought the group to a point where the shareholders equity of Berjaya Media was 25 or less of its issued capital which is the first criteria for a company to be issued a PN17 notice. Berjaya Media Bhd is an investment holding company in Malaysia.

Therefore the group is required to submit a regularisation plan to the Securities Commission SC within 12 months from the date of the announcement failing which it faces suspension from trading and delisting the filing said. In the fourth quarter ended April 30 BMedias net loss widened to RM14mil against RM35mil net loss a year ago. The Group has undertaken the process of regularising its PN17 condition.

CHINA AUTOMOBILE PARTS HOLDINGS LIMITED. The major shareholder of the Group has also committed to provide financial support at least until the successful implementation of the regularisation plan. The group had slipped into PN17 status in June 2017 after its shareholders equity fell short of listing requirements.

Ashraf Assawaf Geotechnical Lab Engineer Singapore. Singer Malaysia Sdn Bhd will be the white knight that will help regularise Practice Note 17 company Berjaya Media Bhd BMedia. Following that owner Vincent Tans private vehicle Singer came in as a white knight for Berjaya Media.

The major shareholder of the Group has also committed to provide financial support at least until the successful implementation of the regularisation plan. BERJAYA MEDIA BHD Description. Oct 30 2019 KUALA LUMPUR.

It is mainly involved in the publication and printing and distribution of daily newspaper magazines and journals. 290601-T UNAUDITED INTERIM FINANCIAL REPORT FOR THE PERIOD ENDED 31 JANUARY 2018 CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION Group Group As at As at 31012018 30042017 RM000 RM000 Audited ASSETS Non-current Assets Property plant and equipment 2236 2469. It then looked to Singer the private vehicle of owner Vincent Tan as a white knight.

Jul 14 2020 BMedia slipped into PN17 status in June 2017 after its shareholders equity on a consolidated basis fell to less than RM40 million representing 25 or less of its issued capital. Trading of BMedia shares has been suspended since Nov 5 2019 after its failure to enter into a definitive agreement with a white knight by Oct 20 that year. The company publishes the national newspaper called theSun which is widely read in the cosmopolitan market centres of the Klang.

With the financial support of the major shareholder the directors. Jun 21 2017 Hence BMedia is now regarded as a PN17 company the group said in a Bursa Malaysia filing. Research Manager at Haymarket Media Group Central.

Jul 07 2020 ANALYSTS note that Berjaya Media Bhd should pull through from its PN17 conundrum as long as Bursa Malaysia and white knight Singer Sdn Bhd come through with the deadline extension and the injection of assets respectively. Its revenue for the period rose to RM907mil from RM854mil previously. Nov 22 2019 The saga began when Berjaya Media was hit with a PN17 status a sign that a company is in financial distress by Bursa Malaysia on June 22 2017.

It is widely read in the affluent cosmopolitan market centres of the Klang Valley Penang and Johor Bharu as well as in the major capital cities and towns of. Jul 15 2020 Berjaya Media fell into PN17 on June 21 2017 when the shareholders equity of Berjaya Media on a consolidated basis of less than RM40 mil represented 25 or less of its issued capital. Berjaya Media Berhads flagship publication theSun is urban Malaysias first-read-of-the-day.

The Group has undertaken the process of regularising its PN17 condition. Jun 22 2017 Hence BMedia is now regarded as a PN17 company the group said in a Bursa Malaysia filing. BERJAYA MEDIA BERHAD Company No.

BERJAYA MEDIA BERHAD Company No. Jul 16 2020 Berjaya Media entered PN17 status on June 21 2017 when the shareholders equity of Berjaya Media on a consolidated basis of less than RM40 mil represented 25 or less of its issued capital. Oct 25 2019 Shares in Berjaya Media which lapsed into PN17 status in June 2017 were not traded today.

Oct 29 2019 Setakat 31 Ogos 2019 senarai terbaru syarikat-syarikat dalam kategori PN17 dan GN3 adalah seperti di bawah. With the financial support of the major shareholder the directors. BERJAYA MEDIA BERHAD Registration Number.

Senior Manager at Berjaya Sompo Insurance Berhad Kuala Lumpur.

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Berjaya Media Berhad